that s I sent to frds of mine yesterday night
I have 3 theories
1- the plan is not accepted by market but we can improve the plan and it could be sum up by Buy the rumours and sell the news
means usd bullish, and we are back to retest the lows, but with long term yield higher
2- market is giving credit to the plan, and it s a several weeks uptrend
I prefer to ride from 1030 to 450 than from 870 to 450
maxi bear usd and we are going to see the S&P @ 1030, EURSD 1.50, Cable 1.72 before the next publication, end of march, or april
3-market is rejecting the plan ARMAGEDON
and we are breaking 800 tomorrow on the S&P it's the worse case scenario, I don't think it will be this one,
So in fact there is two choice,
one is up for one or two month from now before a huge drop
the other one is we go back to restest the lows right now
So tomorrow we will have a trend for several weeks
Apparently it s a mix between 1 and 3, it s not very sexy and I have doubt about future, I took a USD bullish positions but without jpy, cause we are too close from G7
mercredi 11 février 2009
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